Wholesale funding

Release your capital to grow your business. How it works:
 

1. Your business batches together a ‘block’ of customer hire purchase, lease or loan agreements and sells them at a discounted value to us. 
2. Your sales proceeds allow you to enter into new customer hire purchase, lease or loan agreements which can then be blocked, and so the cycle continues. 
3. You repay the amounts advanced by us over the average life of the agreements and, as the facility is undisclosed, you retain full control of your customer base, acting as the collection agent. 
4. As you make repayments, capital is released under the block facility, enabling further drawdowns and continued growth.

Your off-balance-sheet financing solution. How it works:

1. You assign the contract rights (and in some instances sell the funded assets) under your customer agreements to us on either a disclosed or undisclosed basis.
2. We discount the assigned receivables at an agreed rate to calculate a purchase price.
3. Once paid, you can use this working capital to invest and grow your business.

Please note: The nature of the finance agreements acceptable to us varies according to the counterparty – but may include finance lease, hire purchase, managed service or other similar term agreements.